Chlorobenzene Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Type (Monochlorobenzene, o-dichlorobenzene, p-dichlorobenzene, m-dichlorobenzene, and Other Types), Application (Moth Control, Nitrochlorobenzenes, Polyphenylene Sulfide, Polysulfone Polymers, Solvent, Room and Sanitary Deodorants, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Market Snapshot

chlorobenzene market - market summary
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >5 %

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Market Overview

The global chlorobenzene market is expected to register a CAGR of over 5% during the forecast period.

  • The major factors driving the market is the increasing demand for nitrochlorobenzene from various end-user industries such as pharmaceuticals, organic chemicals, rubber-processing chemicals and more.
  • Detrimental effects of chlorobenzene exposure are likely to hinder the growth of the market studied.
  • Asia-Pacific is likely to dominate the market through the forecast period.

organic chemicals

The global chlorobenzene report includes:

Type
Monochlorobenzene
o-dichlorobenzene
p-dichlorobenzene
m-Dichlorobenzene
Other Types
Application
Moth Control
Nitrochlorobenzenes
Polyphenylene Sulfide
Polysulfone Polymers
Solvents
Room and Sanitary Deodorants
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Monochlorobenzene to Dominate the Market

  • Monochlorobenzene is the majorly used isomer of chlorobenze and is used for various applications such as nitrochlorobenzene, Sulfone polymers, Diphenol ether and phenylphenols, and Solvents. 
  • Nitrochlorobenzenes are used as intermediates in the manufacture of rubberchemicals, agricultural chemicals, antioxidants,dyes and pigments and constitutes the major application of monochlorobenzene.
  • Monoclorobenzene is also used as s a solvent in processes to produce rubberproducts, pesticides, pharmaceuticals, and resins. Also, the y-o-y growth in the pharmacetical industry and pestisides increases the demand for the market studied.
  • Additionally the global pharmaceutical market stood at around USD 1204.8 billion in 2018 and around USD 1250.4 billion in 2019. This trend is expected to increase during the forecast period.
Chlorobenzene Market - Segmentation Trends

Asia-Pacific to DOminate the Market

  • Asia-Pacific region dominated the global market share and is likely to continue its dominance during the forecast period. With growing chemical manufacture, pharmaceutical industries, and increasing application as solvent in processes to produce rubberproducts, pesticides, resins, in countries, such as China, India, and Japan, the usage of chlorobenzene has been increasing in the region.
  • India plays a prominent role in the formulations segment of the industry. India is the third largest producer of pharmaceuticals in the world by volume. India has the largest number of FDA approved plants outside the US.
  • China is one of the fastest-growing economies, globally, and almost all the end-user industries are growing, owing to the rising population, living standards, and per-capita income. Although the pharmaceutical industry in China has seen a decline owing to COVID-19, the textile industry in the country is increasing at a swift pace. In March 2020 the added value of textile production in the country stood at -5.5%, in April 2020 it was 2%, and it increased further to 4.3% in May 2020.
  • The factors mentioned above are expexted to increase the consumption of chlorobenzene in various applications during the forecast period.

Chlorobenzene Market - Regional Trends

Competitive Landscape

The chlorobenzene market is partially consolidated in nature. Some of the key players in the market include ITW Reagents Division (PanReac Applichem), China Petrochemical Corporation, Jiangsu Yangnong Chemicals Group Co., Ltd., Kureha Corporation, and LANXESS, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Rising demand for Nitrochlorobenzene

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Degree of Competition

    5. 4.5 Price trends

    6. 4.6 Technological Snapshot

    7. 4.7 Trade Analysis

    8. 4.8 Regulatory Policy Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Monochlorobenzene

      2. 5.1.2 o-dichlorobenzene

      3. 5.1.3 p-dichlorobenzene

      4. 5.1.4 m-Dichlorobenzene

      5. 5.1.5 Other Types

    2. 5.2 Application

      1. 5.2.1 Moth Control

      2. 5.2.2 Nitrochlorobenzenes

      3. 5.2.3 Polyphenylene Sulfide

      4. 5.2.4 Polysulfone Polymers

      5. 5.2.5 Solvents

      6. 5.2.6 Room and Sanitary Deodorants

      7. 5.2.7 Other Applications

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 Italy

        4. 5.3.3.4 France

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 ITW Reagents Division (PanReac Applichem)

      2. 6.4.2 Anhui Bayi Chemical Industry

      3. 6.4.3 Chemada Fine Chemicals

      4. 6.4.4 China Petrochemical Corporation

      5. 6.4.5 J&K Scientific Ltd

      6. 6.4.6 Jiangsu Yangnong Chemicals Group Co., Ltd.

      7. 6.4.7 Kureha Corporation

      8. 6.4.8 Lanxess

      9. 6.4.9 Meryer (Shanghai) Chemical Technology Co. Ltd.

      10. 6.4.10 Tianjin Bohai Chemical Industry Co., Ltd.

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Chlorobenzene Market market is studied from 2016 - 2026.

The Chlorobenzene Market is growing at a CAGR of >5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

ITW Reagents Division (PanReac Applichem), China Petrochemical Corporation, Jiangsu Yangnong Chemicals Group Co., Ltd., Kureha Corporation, Lanxess are the major companies operating in Chlorobenzene Market.

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